Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2018

Teucrium Commodity Trust - Combined [Member]

Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of June 30, 2018

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Combined Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Combined Statement of Assets and Liabilities		Net Amount Presented in the Combined Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Sugar futures contracts	$	25,592	$	-	$	25,592	$	25,592	$	-	$	-

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2018

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Combined Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities		Gross Amount Offset in the Combined Statement of Assets and Liabilities		Net Amount Presented in the Combined Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker		Net Amount
Commodity Price
Corn futures contracts	$	6,650,900	$	-	$	6,650,900	$	-	$	6,650,900	$	-
Soybean futures contracts	$	2,022,063	$	-	$	2,022,063	$	-	$	2,022,063	$	-
Sugar futures contracts	$	516,869	$	-	$	516,869	$	25,592	$	491,277	$	-
Wheat futures contracts	$	2,858,100	$	-	$	2,858,100	$	-	$	2,858,100	$	-

Offsetting of Financial Assets and Derivative Assets as of December 31, 2017

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Combined Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Combined Statement of Assets and Liabilities		Net Amount Presented in the Combined Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Corn futures contracts	$	120,487	$	-	$	120,487	$	120,487	$	-	$	-
Sugar futures contracts	$	184,319	$	-	$	184,319	$	67,133	$	-	$	117,186
Wheat futures contracts	$	604,475	$	-	$	604,475	$	604,475	$	-	$	-

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2017

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Combined Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities		Gross Amount Offset in the Combined Statement of Assets and Liabilities		Net Amount Presented in the Combined Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker		Net Amount
Commodity Price
Corn futures contracts	$	1,962,050	$	-	$	1,962,050	$	120,487	$	1,841,563	$	-
Soybeans futures contracts	$	448,063	$	-	$	448,063	$	-	$	448,063	$	-
Sugar futures contracts	$	67,133	$	-	$	67,133	$	67,133	$	-	$	-
Wheat futures contracts	$	3,200,525	$	-	$	3,200,525	$	604,475	$	2,596,050	$	-

Summary of Realized and Unrealized Gains (Losses) of the Derivative Instruments

Three months ended June 30, 2018

Primary Underlying Risk	Realized Gain (Loss) on Commodity Futures Contracts			Net Change in Unrealized Depreciation or Appreciation on Commodity Futures Contracts
Commodity price
Corn futures contracts	$	1,931,575		$	(8,790,088	)
Soybean futures contracts		(2,413	)		(2,456,537	)
Sugar futures contracts		(1,028,754	)		278,275
Wheat futures contracts		3,567,188			(1,350,213	)
Total commodity futures contracts	$	4,467,596		$	(12,318,563	)

Three months ended June 30, 2017

Primary Underlying Risk	Realized Loss on Commodity Futures Contracts			Net Change in Unrealized Appreciation or Depreciation on Commodity Futures Contracts
Commodity price
Corn futures contracts	$	(727,988	)	$	1,454,725
Soybean futures contracts		(311,413	)		378,988
Sugar futures contracts		(1,381,867	)		(214,032	)
Wheat futures contracts		(494,500	)		10,315,925
Total commodity futures contracts	$	(2,915,768	)	$	11,935,606

Six months ended June 30, 2018

Primary Underlying Risk	Realized Gain (Loss) on Commodity Futures Contracts			Net Change in Unrealized Depreciation or Appreciation on Commodity Futures Contracts
Commodity price
Corn futures contracts	$	3,170,538		$	(4,809,338	)
Soybean futures contracts		(80,012	)		(1,574,000	)
Sugar futures contracts		(1,297,867	)		(608,462	)
Wheat futures contracts		4,899,850			(262,050	)
Total commodity futures contracts	$	6,692,509		$	(7,253,850	)

Six months ended June 30, 2017

Primary Underlying Risk	Realized (Loss) Gain on Commodity Futures Contracts			Net Change in Unrealized Appreciation or Depreciation on Commodity Futures Contracts
Commodity price
Corn futures contracts	$	(447,212	)	$	2,394,975
Soybean futures contracts		31,500			(452,163	)
Sugar futures contracts		(1,588,115	)		(590,957	)
Wheat futures contracts		(669,800	)		11,278,638
Total commodity futures contracts	$	(2,673,627	)	$	12,630,493

Teucrium Corn Fund [Member]

Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2018

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due to Broker	Net Amount
Commodity Price
Corn Futures Contracts	$6,650,900	$-	$6,650,900	$-	$6,650,900	$-

Offsetting of Financial Assets and Derivative Assets as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due to Broker	Net Amount
Commodity Price
Corn Futures Contracts	$120,487	$-	$120,487	$120,487	$-	$-

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Corn Futures Contracts	$1,962,050	$-	$1,962,050	$120,487	$1,841,563	$-

Summary of Realized and Unrealized Gains (Losses) of the Derivative Instruments

Three months ended June 30, 2018

	Realized Gain on	Net Change in Unrealized Depreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Corn futures contracts	$1,931,575	$(8,790,088)

Three months ended June 30, 2017

	Realized Loss on	Net Change in Unrealized Appreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Corn futures contracts	$(727,988)	$1,454,725

 
Six months ended June 30, 2018

	Realized Gain on	Net Change in unrealized Depreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Corn Futures contracts	$3,170,538	$(4,809,338)

Six months ended June 30, 2017

	Realized Loss on	Net Change in unrealized Appreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Corn Futures contracts	$(447,212)	$2,394,975

Teucrium Soybean Fund [Member]

Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2018

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Soybean Futures Contracts	$2,022,063	$-	$2,022,063	$-	$2,022,063	$-

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Soybeans Futures Contracts	$448,063	$-	$448,063	$-	$448,063	$-

Summary of Realized and Unrealized Gains (Losses) of the Derivative Instruments

Three months ended June 30, 2018

	Realized Loss on	Net Change in unrealized Depreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Soybean Futures contracts	$(2,413)	$(2,456,537)

Three months ended June 30, 2017

	Realized Loss on	Net Change in unrealized Appreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Soybean Futures contracts	$(311,413)	$378,988

Six months ended June 30, 2018

	Realized Loss on	Net Change in unrealized Depreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Soybean Futures contracts	$(80,012)	$(1,574,000)

Six months ended June 30, 2017

	Realized Gain on	Net Change in unrealized Depreciation
Primary Underlying Risk	Commodity Futures Contracts	on Commodity Futures Contracts
Commodity Price
Soybean Futures contracts	$31,500	$(452,163)

Teucrium Sugar Fund [Member]

Schedule of Fair Value of Derivative Instruments

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due to Broker	Net Amount
Commodity Price
Sugar Futures Contracts	$25,592	$-	$25,592	$25,592	$-	$-

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2018

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Sugar Futures Contracts	$516,869	$-	$516,869	$25,592	$491,277	$-

Offsetting of Financial Assets and Derivative Assets as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due to Broker	Net Amount
Commodity Price
Sugar Futures Contracts	$184,319	$-	$184,319	$67,133	$-	$117,186

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Sugar Futures Contracts	$67,133	$-	$67,133	$67,133	$-	$-

Summary of Realized and Unrealized Gains (Losses) of the Derivative Instruments

Three months ended June 30, 2018

Primary Underlying Risk	Realized Loss on Commodity Futures Contracts			Net Change in Unrealized Appreciation on Commodity Futures Contracts
Commodity price
Sugar futures contracts	$	(1,028,754	)	$	278,275

Three months ended June 30, 2017

Primary Underlying Risk	Realized Loss on Commodity Futures Contracts			Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity price
Sugar futures contracts	$	(1,381,867	)	$	(214,032	)

Six months ended June 30, 2018

Primary Underlying Risk	Realized Loss on Commodity Futures Contracts			Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity price
Sugar futures contracts	$	(1,297,867	)	$	(608,462	)

Six months ended June 30, 2017

Primary Underlying Risk	Realized Loss on Commodity Futures Contracts			Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity price
Sugar futures contracts	$	(1,588,115	)	$	(590,957	)

Teucrium Wheat Fund [Member]

Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2018

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Wheat Futures Contracts	$2,858,100	$-	$2,858,100	$-	$2,858,100	$-

Offsetting of Financial Assets and Derivative Assets as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due to Broker	Net Amount
Commodity Price
Wheat Futures Contracts	$604,475	$-	$604,475	$604,475	$-	$-

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2017

	(i)	(ii)	(iii) = (i)-(ii)	(iv)		(v) = (iii)-(iv)
				Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities	Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities	Futures Contracts Available for Offset	Collateral, Due from Broker	Net Amount
Commodity Price
Wheat Futures Contracts	$3,200,525	$-	$3,200,525	$604,475	$2,596,050	$-

Summary of Realized and Unrealized Gains (Losses) of the Derivative Instruments

Three months ended June 30, 2018

Primary Underlying Risk	Realized Gain on  Commodity Futures Contracts		Net Change in Unrealized  Depreciation on  Commodity Futures Contracts
Commodity price
Wheat futures contracts	$	3,567,188	$	(1,350,213	)

Three months ended June 30, 2017

Primary Underlying Risk	Realized Loss on  Commodity Futures Contracts			Net Change in Unrealized Appreciation on  Commodity Futures Contracts
Commodity price
Wheat futures contracts	$	(494,500	)	$	10,315,925

Six months ended June 30, 2018

Primary Underlying Risk	Realized Gain on  Commodity Futures Contracts		Net Change in Unrealized  Depreciation on  Commodity Futures Contracts
Commodity price
Wheat futures contracts	$	4,899,850	$	(262,050	)

Six months ended June 30, 2017

Primary Underlying Risk	Realized Loss on  Commodity Futures Contracts			Net Change in Unrealized Appreciation on  Commodity Futures Contracts
Commodity price
Wheat futures contracts	$	(669,800	)	$	11,278,638